this affects us all

I once met a woman who runs a shelter for homeless families, and helps them get a job and get on their feet again. She said " We are all one day away from loosing our homes, we never know what tomorrow will bring"

This article made me remember that meeting with that woman back in college.

Quote:I know someone who had his home paid off, who owned his own business, i went to school with his oldest son. He is a hard working, strong man. A devout Christian. His son died in a tragic wreck, then, he suffered from cancer, and he had to take a second mortgage to pay for the treatments, then it came back, then came back again, and he couldn't work, lost his business, then his home.

It can happen to anyone. Tragedy strikes anywhere and anyone and doesn't discriminate.

I understand,but I don't even have a first mortgage on my place.Some times it does happen and I took step to make sure it never happens to me.I was once in a hard spot but pulled out of it.
I have been down to the bottom and have no wish to go back...

I tend to agree with what the shelter lady said to you, and if not 1 day, then maybe a week, or a month, or a year or a few, and so on, unless one is truly independently wealthy with bomb proof safeguards in place...especially so if a catastrophic illness or injury enters the picture. Even if one lives in an RV on a little plot of land that's paid off, the land can be taken if unable to pay the taxes.